Selling the Same Product Under Different Brand Names Allows a Firm

question 26

Multiple Choice

Selling the same product under different brand names allows a firm to price discriminate as long as

• A) customers know the products are identical.
• B) customers do not know the products are identical.
• C) the products really are not the same.
• D) the firm lets customers know that the products are identical.

---

Definitions:

Economic Gains

Increases in wealth, value, or the accumulation of resources beyond the original investment or cost.

Communism

A political and economic ideology advocating for a classless society in which property and the means of production are communally owned.